Why Were Fannie Mae and Freddie Mac Trying to Buy John McCain's Top Adviser?

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[IndependantCuban]

If you want to know how Fannie Mae and Freddie Mac have survived scandal and crisis, consider this: Over the past decade, they have spent nearly $200 million on lobbying and campaign contributions

[NuBN247]

The CRA mandates that banking institutions that receive FDIC insurance be evaluated ... to determine if ... [it] has met the credit needs of its entire community in a manner consistent with safe and sound operations. The CRA does not require institutions to make high-risk loans that may bring losses to the institution, ... There are no specific penalties for non-compliance ... Thus, a bank making a loan to someone with no job (which never happened) did so on their own for the profit involved!

[GenerationX1984]

Freddie Mac and Fannie Mae want another bailout! Well, screw 'em!

[nash984954]

Fannie and Freddie were partially privatized by the Republican Party back in the days of Bush. It is like the part of Medicare called(again Repubs idea) Medicare Advantage that gives the elderly the option to use private insurance for their healthcare, one problem, it has been a dismal failure, it costs more using private insurance companies than the normal Medicare coverage parts ABD. So, the Repubs want to privatize everything, well good luck, it'll cost all of us more money in the long run

[xit1254]

I’ll tell who is responsible - Barney Frank, Chris Dodd, Chucky Schumer, and the rest of the Democrat ass wipes that refused to pass the regulations that would have stopped the mess back in 2005.

Here’s Barney displaying his complete economic illiteracy:

“You are not gonna see the collapse that you see when when people talk about a bubble..”

There’s no telling how many peoples lives and finances were ruined by these fools.

[Dentonilluminati]

Looks like this is the real reason Obama and Geitner are taking Fannie and Freddie apart. Just a petty reason.

[wsmith1213]

@EricMetalGuitarist Franklin Raines was set to be one of Obamas advisors until all the dirt started coming out on him.

[MrGunsrool]

Look it up dems covering up for Fannie mae theres some good videos from cspan showing your favorite dems lying constantly for them, why would fannie mae openly say that they bought him off thats almost as insane as you

[MrGunsrool]

I also like your home made news set... did you decide you were gonna grow up all big and strong and play MSNBC with your lame ass news set.. try actually looking into the facts instead of watching your favorite liberal crap and spew this nonsense out of our A**

[MrGunsrool]

Thats funny cause since 2004 the republicans were pushing for more regulation and the dems (all of them) voted no while every republican voted yes. the dems blocking those regs are what caused this mess seriously do you even do any research on the subject or so you just wake up a start praising emperor obama for your great health care and super low unemployment, theres video of them lying straight to republicans try commenting on that..... oh wait facts dont support your argument......

[AXESMI]

@bonfirejovi Yeah can't blame Clinton for creating the Sub Prime lending and Obama for being their lawyer.

[AXESMI]

Obama gave Fannie Mae what 300 billion? How much did Fannie Mae give Obama for him to give them so much of our money.